Financial Results Overview (All amounts in ₹ lakhs)

Income Statement Highlights:

  • Revenue from operations: ₹668.06 (H1 FY27) vs ₹1,560.03 (H1 FY26) and ₹1,831.32 (FY26)
  • Other income: ₹22.39 (H1 FY27) vs ₹263.28 (H1 FY26) and ₹266.54 (FY26)
  • Total revenue: ₹690.45 (H1 FY27) vs ₹1,823.31 (H1 FY26) and ₹2,097.85 (FY26)
  • Employee benefits expense: ₹324.47 (H1 FY27) vs ₹558.62 (H1 FY26)
  • Finance costs: ₹13.19 (H1 FY27) vs ₹17.78 (H1 FY26)
  • Depreciation and amortization: ₹56.86 (H1 FY27) vs ₹56.90 (H1 FY26)
  • Other expenses: ₹384.15 (H1 FY27) vs ₹927.15 (H1 FY26)
  • Total expenses: ₹778.67 (H1 FY27) vs ₹1,544.46 (H1 FY26)
  • Profit before tax: ₹(88.22) (H1 FY27) vs ₹278.86 (H1 FY26)
  • Tax expense: ₹9.07 (deferred tax) (H1 FY27) vs ₹84.00 (H1 FY26: ₹78.55 current tax + ₹5.45 deferred tax)
  • Profit after tax: ₹97.30 (H1 FY27) vs ₹205.75 (H1 FY26)
  • Basic and diluted EPS: ₹0.47 (H1 FY27) vs ₹1.00 (H1 FY26)

Balance Sheet Position (as of September 30, 2026):

  • Share capital: ₹2,061.00 (unchanged from March 31, 2026)
  • Reserves and surplus: ₹5,457.25 (vs ₹5,554.54 as of March 31, 2026)
  • Total equity: ₹7,518.25 (vs ₹7,615.54 as of March 31, 2026)
  • Long-term borrowings: ₹1,681.43 (vs ₹1,682.11 as of March 31, 2026)
  • Short-term borrowings: ₹28.89 (vs ₹51.06 as of March 31, 2026)
  • Trade payables to MSME: ₹10.07 (vs ₹13.26 as of March 31, 2026)
  • Trade payables to non-MSME: ₹22.89 (vs ₹24.06 as of March 31, 2026)
  • Other current liabilities: ₹320.37 (vs ₹168.44 as of March 31, 2026)
  • Cash and cash equivalents: ₹772.02 (vs ₹392.01 as of March 31, 2026)
  • Total assets: ₹9,635.11 (vs ₹9,587.69 as of March 31, 2026)

Cash Flow Statement (H1 FY27):

  • Net cash from operating activities: ₹27,748 (amount unclear due to formatting issues)
  • Net cash used in investing activities: ₹1,159.86
  • Net cash from financing activities: Not clearly quantifiable from data
  • Net increase in cash and equivalents: ₹380.00

IPO Proceeds Utilization

The company raised ₹4,032.00 lakh through an initial public offering (IPO) in January 2025. As of September 30, 2026:

  • ₹471.80 lakh utilized for IPO expenses
  • ₹104.10 lakh utilized for general corporate purposes
  • ₹894.83 lakh utilized as per issue objectives (including advances)
  • Unutilized IPO proceeds were parked in fixed deposits with scheduled commercial banks

Auditor Review

M/s Sumit Bharti & Associates, Statutory Auditors of the Company, conducted a limited review of the unaudited financial results and issued a report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Additional Notes

  • The company has no separate reportable business segments
  • There were no exceptional and extraordinary items for the reporting period
  • Figures for corresponding previous periods have been regrouped/reclassified where necessary
  • The cash flow statement was prepared using the indirect method as per Accounting Standard-3